Toyota investing $50 million in artificial intelligence for cars

Toyota announces that the company is venturing into creating more intelligent car industry. According to the announcement, the Japanese car manufacturer is investing $50 million for research purposes in collaboration with Stanford University and Massachusetts Institute of Technology (MIT). The five-year deal covers research in Artificial Intelligence for both the car and life-improving robotic sector. According to the deal as reported by Information Week, both universities will develop a system that could improve car functionality in an urban landscape. While for the robotic sector, the plan is to create a robot beneficial for elder care in the future. When asked whether this research will bear similarity to Google, Dr. Gill Pratt said that the research aims at improving driver’s experience instead of creating a driverless car like Google’s project. Pratt is…